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Meme coin Fartcoin soars 75% in a week as funds flow in on hopes of tariff relief

2025/04/14 09:16 (Updated 2025/04/15 10:01)
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Written by Lewis Kikutani
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Meme coin Fartcoin soars 75% in a week as funds flow in on hopes of tariff relief

FirstCoin Reversal High

On the 10th, US President Trump announced a 90-day suspension of the global "reciprocal tariff" policy. This caused the market to temporarily turn risk-on, and some cryptocurrency stocks, including meme coins, soared.

He announced that he would lower the tariffs on other countries to 10%, but decided to raise them from 104% to 125% on China. However, President Trump later showed a negotiating stance with China, which the market again welcomed. In particular, funds are flowing into the meme coin market, and Solana's (SOL) main meme coin "Fartcoin" is attracting attention. Fartcoin soared about 30% on Saturday...

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Iolite Vol.14

Iolite Vol.14

July 2025 issueReleased on 2025/05/30

Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.